Group Protection

Nearly one in four employers has reduced their benefit costs by introducing a flexible benefits scheme, according to a survey of UK employers conducted by Mercer.

Bupa is set to provide early intervention and return-to-work support on all its group income protection (GIP) schemes with no increase in premiums.

Protection sales figures released by the ABI today show new single premium business crashed nearly 80% on last year while the group market is proving most resurgent in its recessional recovery.

The public is not aware of the repercussions of the welfare reform Act, IFAs have said.

Legal and General has amended its group critical illness cover.

Most employers have failed to make workers aware that they have life cover as part of their benefits package, according to Aon Consulting.

Munich Re has unveiled Ellipse, a new provider in the group risk market.

Canada Life has launched a new group income protection policy, Working Well.

Canada Life Group Insurance has announced further enhancements to the CLASS (Canada Life Automated Self Service) system, based on feedback from CLASS users.

A quicker underwriting process and increased free cover limits are two of a number of upgrades Friends Provident has made to its group income protection (GIP) offering.